Research and Markets, the world's largest and most respected market research resource, has announced the addition of the "International Animal/Veterinary Vaccines Market 2013-2018" report to their offering. According to the report Europe accounts for the largest share of the veterinary vaccines market, followed by North America. Both markets are reaching the maturity phase of growth and will register mid single-digit growth rates for the next five years. Asia, parts of Africa, and Latin America are poised to grow at double-digit rates owing to the increasing investment opportunities for companies in these immature markets and due to the improving healthcare facilities for animals. Countries like China, India, Australia, and Brazil will be major contributors to the growth of the market.
The market is dominated by tier I players and is fairly consolidated with the top five players contributing close to 70 per cent of the share. New entrants face high barriers in entering this market as it is a capital-intensive industry with strict regulations.
This research report categorizes the global animal/veterinary vaccines market on the basis of products, animal diseases, and technology. These markets are broken down into segments and sub-segments, providing exhaustive value analysis for 2011, 2012, and 2013 as well as forecasts up to 2018. Each segment of the market is comprehensively analyzed at a granular level, by geography (Europe, North America, Asia, and the Rest of the World), to provide in-depth information on the global scenario.